Abagnale Enterprises will ship all of the USA athletes' gear to Russia for the Olympics. The company has the following historical information based on similar trips taken overseas: Trip Nautical Miles Operating Costs 1 500,000 $356,000 2 580,00 380,000 3 $420,000 660,000 What is the best estimate of total operating costs using the high-low method if the expected mileage for the trip to Russia is 590,000 miles? a. $236,000 b. $375,455 c. $386,552 d. $386441 e. $392,000

Abagnale Enterprises will ship all of the USA athletes' gear to Russia for the Olympics. The company has the following historical information based on similar trips taken overseas: Trip Nautical Miles Operating Costs 1 500,000 $356,000 2 580,00 380,000 3 $420,000 660,000 What is the best estimate of total operating costs using the high-low method if the expected mileage for the trip to Russia is 590,000 miles? a. $236,000 b. $375,455 c. $386,552 d. $386441 e. $392,000

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter17: Activity Resource Usage Model And Tactical Decision Making

Section: Chapter Questions

Problem 14E: Global Reach, Inc., is considering opening a new warehouse to serve the Southwest region. Darnell...

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Please I will need the answer to a and b.
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